It has been above freezing during the day lately and it was above freezing last night, with rain. We still have six inches of snow and that is not likely to melt. It turns cold again tomorrow. It rained enough to put a layer of water over ice, on my path to the barn. My oldest daughter gave me some metal cleats to fasten to my shoes. I didn't need them last year and I didn't think of them before I went out today. About half way to the barn I did; I felt I was taking my life in my hands [or feet]. Wow, it was slippery. I don't think I ever got through a Winter without falling down at least once. I never get hurt, but there is that moment of uncertainty.
I wrote in my last blog that I would talk about the crumbling of the old world institutions. I will with this caution; it is not a bad thing. I don't know the intent of the dark, but, the failure of the economic and other social systems serves the light.
The lynchpin is the economy. We are in denial. Denial denial denial. Anybody looking at the data would not claim we are out of the recession. We are still deeply in depression. We gave the banks trillions of dollars to prop them up; bent over backwards for the corporations; insured that the rich could get richer; protected the gamblers on Wall Street and did nothing for the rest of the people. The unemployment figures only reflect those registered. It doesn't count those who have run out of benefits and have given up. It doesn't count those with pitiful part time work, who get by with food shelves. I can only guess at what the real unemployment rate is; it probably hovers around 25%.
Whether it is ideology, on purpose or what; we have done the opposite, of what needs to be done, to stimulate the economy. Two hundred years of experience demonstrates what needs to be done. It is clear that the trickle down philosophy doesn't work. What works is getting money, in the hands of the people, in the lower strata of our socioeconomic system.
When you give $1000 to a poor person, a working class person or a lower middle class person, they will spend every penny on their survival and thus enrich their communities and stimulate the economy. {I don't like to talk about people as if they are members of class. I do this for elucidation}
When you give money to members of the higher strata, they may spend a portion. But they don't need it. It is just as likely to go in to savings; doing nothing for the economy.
Except for a few economist, blinded by ideology, this has been known by the profession for a very long time. The best mechanisms to get the money into the hands of the people is to hire them to do the things we have been neglecting. Bridge and road repair for one. Light transportation for another. Our national parks are in need of upkeep. Look around, there is much work to be done. Those who cannot work, should be given direct assistance sufficient for a decent life. If we had taken these measures we would have long since been on good economic footing.
Instead we have enriched the banks and impoverished the people. Why? Is it really out of stupidity? Some people, think it was by design because the middle class was getting to powerful and beginning to think for themselves. Did they realize they would destroy themselves, too? I don't respect those in charge of the old world, but I know they are intelligent. Did they anticipate a collapse coming and decided to milk as much money from the people as possible? If so, what was the gain. Power? Could people really worship raw, naked power that much, that they would collapse society to get it?
I don't know what their intention was. But they failed. The federal reserve is buying billions of bad paper every month to keep a corrupt banking system a float. This is like exchanging IOUs in a poker game after everybody has run out of money. What happens when the game is over and the players want their money? They can't go to the people, like they usually do, because they have already bankrupted them. Their ideology or stupidity won't allow them to go to the rich; anyway there is not enough money on the face of the earth to save them now. Debt forgiveness {universal} is the only answer. Fat Chance.
Europe is worse off than we are. Many countries are open about having 20% or more unemployment. They haven't been as successful, as the U.S., in hiding from the people that we are in a depression. They don't have a Federal Reserve that can keep cranking out the money. They can loan from a Central Bank but it has to be payed back. The European countries had a choice to save the banks or save their people. Like here, they chose to save the banks. They implemented austerity programs to, suck out money designed for the people, to pay off bank loans. The banks need the money because they lost big time in the housing collapse. They gambled with instruments, many which originated in the U.S. So the ordinary people should pay for the incompetence of the banks? Who comes up with these ideas? Why?
Back to the question, was this a purposeful strategy to destroy our existing society? Was it a mishap? Was it stupidity? You decide.
In any case the old world is done. Stick a fork in it. Every institution that depends on the economy is toast.
As I have stated before, THIS IS A GOOD THING.
It may not seem like it to you, yet, but we are firmly in The New Age. We are waking up. Just like any waking person, we can't see clearly yet. We need to rub the sleep from our eyes and see. We are surrounded by love and able to create a new society of love. We are on the verge of discovering that the energy that holds the Universe together is love. Every day we will see a little more. We just got that pesky thing, the ego, to keep us apart. We each need to deal with that. We will help each other. Just know we are one; even if you can't quite see it yet.
Love and Peace, Gregg
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